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True, but you're expecting the platforms to behave honorably and not in the way that maximizes their profits. My point is the platforms' business model is a con
by svara 7y ago
True, but you're expecting the platforms to behave honorably and not in the way that maximizes their profits. My point is the platforms' business model is a consequence of the economics of online information distribution.
Or to put it differently: anyone is free to create a competing platform that only hosts "high quality" content, but it seems no one has found out how to make that work on a large scale so far.
- TeMPOraL 7y agoThat's a good reason to regulate some of these practices out of existence. As you say, what happens today is a natural low point in the landscape of online information distribution; the only way to raise it is to reconfigure the landscape.